86
86
Mar 25, 2013
03/13
by
FBC
tv
eye 86
favorite 0
quote 0
spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the street. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gerri: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course, weeks after another government agency, this time, the usda had a video teaching college kids how to use a microwave. since the sequester, washington agentedded like a 2-year-old throwing temper tantrums making big spectacle cuts. looking like stopping the federal government from spending money is harder than keeping the snow from falling. cut out the spending on junk. that's my two cents more. that's all for tonight's "wig liz report," and thank you for watching. if you can't catch us live, don't forget to dvr the show. have a great night. ♪ lou: the tie any island nation of cypress
spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the street. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gerri: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course,...
601
601
Mar 21, 2013
03/13
by
FBC
tv
eye 601
favorite 0
quote 0
they digitize tax returns. why not digitize the entire commerce. adam: when i switched my quicken from pc to mac it wasn't so friendly. i hope they do better job mobile than on the mac. >> there are concerns there. private company, square. not publicly traded. they have partnerships with starbucks with same type of thing. starbucks is big company. square has something. there is not competition there. sandra: user error on adam part's too. there are stocks you are recommending not a straight play on the cashless craze. stocks that have been beaten up like google. you're saying these stocks could actually benefit from this as well? >> wouldn't count out these guys. there is always this rumor that apple would actually use its huge cash pile it has got. want to start an online bank. if you find a way do online banking be capital side of that be 100 billion cash in the bank. one of many rumors people talk about. they are working on google wallet to take existing credit cards and put into google device, the concerns you talk about people walk away with t
they digitize tax returns. why not digitize the entire commerce. adam: when i switched my quicken from pc to mac it wasn't so friendly. i hope they do better job mobile than on the mac. >> there are concerns there. private company, square. not publicly traded. they have partnerships with starbucks with same type of thing. starbucks is big company. square has something. there is not competition there. sandra: user error on adam part's too. there are stocks you are recommending not a...
64
64
Mar 25, 2013
03/13
by
FBC
tv
eye 64
favorite 0
quote 0
wait a minute, a have a 3% mortgage after the tax deduction feel like more of a bridge. liz: how do we implement this? how do we say to the lobbyists. this will become what 2 has become, five years done? somebody has to compromise. >> everyone wants to do not in my backyard. it has to be part of a grand plan. part of a total revenue package and expense cutting package, right? if we're able to accomplish that, implementation is relatively easy. first thing i rather keep mortgage deduction. we all would. because we see tangible benefit. only if they are going to tippinger with it. don't eliminate it. look for ways to generate revenue, activity through the economic revenue and still give people a benefit especially first-time home buyer. liz: they say a solution that gets everybody upset is the best solution. >> probably. liz: it would annoy the mortgage industry. it would annoy homeowners who want it. would annoy the government because they want it eliminated. maybe it is a good idea. get your prediction on mortgage rates coming up. they have been historically low. >> they
wait a minute, a have a 3% mortgage after the tax deduction feel like more of a bridge. liz: how do we implement this? how do we say to the lobbyists. this will become what 2 has become, five years done? somebody has to compromise. >> everyone wants to do not in my backyard. it has to be part of a grand plan. part of a total revenue package and expense cutting package, right? if we're able to accomplish that, implementation is relatively easy. first thing i rather keep mortgage deduction....
65
65
Mar 20, 2013
03/13
by
FBC
tv
eye 65
favorite 0
quote 0
for school superintendents funded by your taxes. a fox investigation finds school superintendents are not just among the highest paid government workers in the country, but they increasingly get six figure pay and half million range, and it's ten times what teachers get. we found in a dozen states, school school superintendents paid more than what governors are paid to run the state including new york, new jersey, california, ohio, illinois, and washington state. we also found that four out of ten new york school superintendents get 200,000 annually, more than the pay for the governor quo moe and more than the average of 162,000. two school superintendents in new york made half a million bucks overseeing seven schools each. the governor joked about that. you know, i'd apply for that job, and now, gerri, there's little oversight of school superintendents' pay, and they are calling themselves ceos. in fact, schools now routinely use corporate pay models for school superintendents' pay getting free cars, free cell phones, money for col
for school superintendents funded by your taxes. a fox investigation finds school superintendents are not just among the highest paid government workers in the country, but they increasingly get six figure pay and half million range, and it's ten times what teachers get. we found in a dozen states, school school superintendents paid more than what governors are paid to run the state including new york, new jersey, california, ohio, illinois, and washington state. we also found that four out of...
60
60
Mar 24, 2013
03/13
by
FBC
tv
eye 60
favorite 0
quote 0
tax reform would help, but i assure you, charles, apple is not afraid of repatriating its cash, but it's investing extremely in new equipment. >> neil: do you notice since he wrote that book, don't make fun of apple. like don't step on my parade. (laughter) charlie and dagen, i want to thank you. up next, do you think it's too late to get in on the green in the market? and the stockshat charles and adam are buying with their own money on the line and they say you should, too.
tax reform would help, but i assure you, charles, apple is not afraid of repatriating its cash, but it's investing extremely in new equipment. >> neil: do you notice since he wrote that book, don't make fun of apple. like don't step on my parade. (laughter) charlie and dagen, i want to thank you. up next, do you think it's too late to get in on the green in the market? and the stockshat charles and adam are buying with their own money on the line and they say you should, too.
53
53
Mar 24, 2013
03/13
by
FBC
tv
eye 53
favorite 0
quote 0
tax reform would help, but i assure you, charles, apple is not afraid of repatriating its cash, but it's investing extremely in new equipment. >> neil: do you notice since he wrote that book, don't make fun of apple. like don't step on my parade. (laughter) charlie and dagen, i want to thank you. up next, do you think it's too late to get in on the green in the market? and the stocks that charles and adam are buying with their own money on the line and they [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoki, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depresd mood and suicidal thoughts or actions while taking or after stopping chanti if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or otr mental health
tax reform would help, but i assure you, charles, apple is not afraid of repatriating its cash, but it's investing extremely in new equipment. >> neil: do you notice since he wrote that book, don't make fun of apple. like don't step on my parade. (laughter) charlie and dagen, i want to thank you. up next, do you think it's too late to get in on the green in the market? and the stocks that charles and adam are buying with their own money on the line and they [ lisa ] my name's lisa, and...
73
73
Mar 22, 2013
03/13
by
FBC
tv
eye 73
favorite 0
quote 0
right now they are saying that a tax or levy would be about 100 30,000 dollars or more. protesters outside the parliament, they are angry about possibly losing her job, about not having any money. about wondering where their country is going. which is also what you also know of the european union and global in global markets. watching very closely this tiny island nation. as you noted, monday is the deadline. come up with a plan where eu says otherwise. connell: a live report from cyprus. we are going to continue our coverage and ramp it up on the fox business network. an important deadline in place. charlie gasparino is with us now. in general, smart money apparently is not filing for bankruptcy. >> there is a cyprus connection. about $20 billion is going to be hitting this. at the lehman brothers is going to be paying off its creditors. there is a lot of money going to traders that specialize in where they are putting the money. doing a lot of reporting on this, one municipal bond. west virginia tobacco bonds, these are bonds that are payment on maturity. now, again yo
right now they are saying that a tax or levy would be about 100 30,000 dollars or more. protesters outside the parliament, they are angry about possibly losing her job, about not having any money. about wondering where their country is going. which is also what you also know of the european union and global in global markets. watching very closely this tiny island nation. as you noted, monday is the deadline. come up with a plan where eu says otherwise. connell: a live report from cyprus. we...
78
78
Mar 18, 2013
03/13
by
FBC
tv
eye 78
favorite 0
quote 0
you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and unreasonable plan to seize money from bank depositors to pay for the eu bailout. much damage has been done and some investors are so shaken, they will take their money out of the banks at their first opportunity, which is now thursday morning. international monetary fund and central bank are embarrassed, which doesn't solve the insolvency problem. negotiators around 150 nations from new york city trying to negotiate a binding treaty that would end unregulated arms sales. the arms trade treaty president obama now says he supports. the national rifle association promises to strongly oppose that treaty saying it wi
you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and...
104
104
Mar 20, 2013
03/13
by
FBC
tv
eye 104
favorite 0
quote 0
they have tens of billions of tax losses they shld be able to write off and they claim that is paying us back. gerri: that is cheating. >> it absolutely is. the sad thing is, it is allowed under accounting rules as an asset, certainly other banks it is not simply, think it is horrible policy. gerri: is is our money at the end of the day. they should have to repay it, if i owed the government that much money, believe me, i would be forced to repay every single dime. i would be in jail. what is interesting is there are lot of attorney general's calling for him to leave offe. take a look at these names. the list goes on and on. there is a lot of anti-ed demarco effort out there. will they be successful? >> personally i find this kind of offensive. they put together a settlement that got more money for state governments that actually got foreclosed borrowers. many have been at the forefront of trying to stop the housing market from clearing, stop trying legitimate foreclosures and broad moratorium so this hasn't been about helping them leave. they have been on willingto let fannie and fre
they have tens of billions of tax losses they shld be able to write off and they claim that is paying us back. gerri: that is cheating. >> it absolutely is. the sad thing is, it is allowed under accounting rules as an asset, certainly other banks it is not simply, think it is horrible policy. gerri: is is our money at the end of the day. they should have to repay it, if i owed the government that much money, believe me, i would be forced to repay every single dime. i would be in jail....
60
60
Mar 26, 2013
03/13
by
FBC
tv
eye 60
favorite 0
quote 0
rick perry is on the winning trend with low taxes, less regulation, they seem to have the edge. >> but who do you pack? but if you look at michigan with the automakers that did not work so well now even other cities are trying to sue gm for leaving. that is not a fun project if that company promises the jobs doesn't deliver. neil: a good point*. we will see what happens but the money is on the table. what you gonna do? tomorrow night we might no. "t good night. tonight on "the willis report" the supreme court takes up the fight over prescription drugs. drug makers may be forced to give you access to cheaper medicine. also, charity backlash. why your money may not be going good causes. and don't falls short on your retirement plan. sound advice no matter how rich you are. "the willis report" is on the case. ♪ gerri: all that and more coming up. rst, drug companies pay to delay cheaper generics. is that right? that is what a supreme court is deciding. the justices today hearing arguments on whether brand-name drug companies should be allowed to pay generic drug companieses said give a
rick perry is on the winning trend with low taxes, less regulation, they seem to have the edge. >> but who do you pack? but if you look at michigan with the automakers that did not work so well now even other cities are trying to sue gm for leaving. that is not a fun project if that company promises the jobs doesn't deliver. neil: a good point*. we will see what happens but the money is on the table. what you gonna do? tomorrow night we might no. "t good night. tonight on "the...
62
62
Mar 21, 2013
03/13
by
CSPAN2
tv
eye 62
favorite 0
quote 0
this is a tax that taxes innovation, increases health care costs and also is a tax that kills good-paying american jobs. finally, we want the new medical devices to be developed here in this country. we don't want them to be developed in europe because of an onerous tax. what we're going to see is that americans are going to have less access to the very new and best products because it's going to become too costly in this country for new companies to develop those products and for start-ups. and at the end of the day it will be sad for americans. so i would urge my colleagues to support senator hatch's amendment and again thank him for his leadership. thank you, mr. president. the presiding officer: who yields time? mr. sessions: mr. president? the presiding officer: the senator from alabama. mr. sessions: mr. president, i think we had a confusion on the time here. i had reserved ten minutes. i had 17 under the motion. and i think there's been a confusion about it. what is the status of the time? i would ask that i be allowed to have ten minutes. the presiding officer: the time until 8:10
this is a tax that taxes innovation, increases health care costs and also is a tax that kills good-paying american jobs. finally, we want the new medical devices to be developed here in this country. we don't want them to be developed in europe because of an onerous tax. what we're going to see is that americans are going to have less access to the very new and best products because it's going to become too costly in this country for new companies to develop those products and for start-ups....
81
81
Mar 21, 2013
03/13
by
CSPAN2
tv
eye 81
favorite 0
quote 0
of course we have to pay taxes. this is not about paying taxes or not paying taxes. this is about the fact that there's only so much money in the world. and every penny that the government takes in taxes is money that's not available to invest in a private business. every time you take a tax, what you're doing, you're taking money out of the economy. you have to do that up to some point because we need a government. but if you do too much of it, then there's not enough money for people to spend at your business. if someone's paying more in taxes, that means they have less money to spend where you work, which means you're going to make less money in tips or in salary or may even cost you your job if taxes are too high. and i'm telling you, we focus on federal taxes here, but these -- these aren't the only taxes people pay. depending on where you live, you are paying local and state and now federal taxes. you add those up and there are people in this country that are paying close to half the money they make in taxes. half the money they make in taxes. how's that good f
of course we have to pay taxes. this is not about paying taxes or not paying taxes. this is about the fact that there's only so much money in the world. and every penny that the government takes in taxes is money that's not available to invest in a private business. every time you take a tax, what you're doing, you're taking money out of the economy. you have to do that up to some point because we need a government. but if you do too much of it, then there's not enough money for people to spend...
141
141
Mar 18, 2013
03/13
by
CSPAN
tv
eye 141
favorite 0
quote 0
tax reforms we would never allow tax reform to hide a tax increase. periodically politics and -- this a tax reform the what they mean is they want to raise taxes. two ways to raise income taxes, raise the rate or broaden the base to bring the rates down. the pledge says no raising the rates and, two, if you want to get rid of deductions and credits, that is great but bring the rates down dollar for dollar. paul ryanhat does. host: chris on the republican line. you are on what grover norquist. caller: thank you for c-span. norquist, i think there is a big problem. perception is everything when it comes to marketing and it is the perception that the democrats are able to get across. because the democrats, they know their audience, they know who they are pandering to, they know who they are selling to. and they treat them like stupid children. and it works. i will give you an example. you remember when the bush tax tom- first came out and shall and dick gephardt -- tom daschle and dick kept part, the minority leaders, did not have anything, but yet they
tax reforms we would never allow tax reform to hide a tax increase. periodically politics and -- this a tax reform the what they mean is they want to raise taxes. two ways to raise income taxes, raise the rate or broaden the base to bring the rates down. the pledge says no raising the rates and, two, if you want to get rid of deductions and credits, that is great but bring the rates down dollar for dollar. paul ryanhat does. host: chris on the republican line. you are on what grover norquist....
77
77
Mar 22, 2013
03/13
by
CSPAN2
tv
eye 77
favorite 0
quote 0
a tax on the economy is a tax on the economy. it's a weak argument that you can just have an unlimited amount of money by taxing the rich. and at some point it becomes un-- not correct, not fair, not right. if the money is being thrown away on solyndras, and battery companies that go bankrupt, but nobody worries about it, send more money. we're having abuses in the snap program, and i proposed an amendment that would eliminate an abusive part of the food stamp program a year ago. in 2001 we spent $20 billion a year on snap. last year we spent $80 billion. it's gone from $20 billion to $80 billion, four times. and so we identified a categorical eligibility gimmick that was allowing people to get food stamps who did not qualify and should not have received them. and i said, let's close that loophole. and over ten years we were projected to spend $00 billion-d $800 billion on the food stamp program. this would have reduced it by $11 billion. so we would have been spending $789 billion instead of $800 billion. you know what they said
a tax on the economy is a tax on the economy. it's a weak argument that you can just have an unlimited amount of money by taxing the rich. and at some point it becomes un-- not correct, not fair, not right. if the money is being thrown away on solyndras, and battery companies that go bankrupt, but nobody worries about it, send more money. we're having abuses in the snap program, and i proposed an amendment that would eliminate an abusive part of the food stamp program a year ago. in 2001 we...
99
99
Mar 19, 2013
03/13
by
CSPAN2
tv
eye 99
favorite 0
quote 0
tax reform to hide a tax increase and peer at ickley politicians in tax reform is that what they mean is they want to raise tax reform. there are two ways, raise the rates or broaden the base without bringing the rates down. no raising the rates and if you want to get reductions in credit that's great. bring the rates down dollar for dollar. that is what ryan does in the ryan plan is perfectly consistent. >> host: let's bring in chris from florida on the republican line. good morning chris. you were on with grover norquist. >> caller: thank you. thank you for c-span. mr. norquist, i think there is a big problem. perception is everything when it comes to marketing and it's the perception that the democrats are able to get across because the democrats, they know their audience and they know who their pandering to. and they treat them like stupid children. i will give you an example. you remember when the bush tax cuts first came out and tom daschle and dick gephardt were the minority leaders. they didn't have anything. they didn't have the house and they didn't have the senate or the wh
tax reform to hide a tax increase and peer at ickley politicians in tax reform is that what they mean is they want to raise tax reform. there are two ways, raise the rates or broaden the base without bringing the rates down. no raising the rates and if you want to get reductions in credit that's great. bring the rates down dollar for dollar. that is what ryan does in the ryan plan is perfectly consistent. >> host: let's bring in chris from florida on the republican line. good morning...
164
164
Mar 21, 2013
03/13
by
CNBC
tv
eye 164
favorite 0
quote 0
is a tax is a tax. if you tax something more, you get less of it. piling on new taxes is always bad for economic growth period. and yet out of washington comes yet another proposal for another tax. this one known as the marketplace fairness act but it is just a national internet sales tax. could even hit your itunes downloads later on. last night here on "the kudlow report," republican senator kelly ayotte spoke out against this bill. take a listen. >> i think we need to rename this legislative proposal for what it is because what it is is it's the internet tax collection act. for those who believe that this is some kind of conservative bill, this isn't my idea of conservative. this is not about small government, this is about forcing businesses in states like mine with no sales tax to become the tax collectors for the nation. >> there you go. well said, senator. i say this is a big government, unprecedented power grab. it's paving the way, by the way, to a national sales tax. i truly believe that. but
is a tax is a tax. if you tax something more, you get less of it. piling on new taxes is always bad for economic growth period. and yet out of washington comes yet another proposal for another tax. this one known as the marketplace fairness act but it is just a national internet sales tax. could even hit your itunes downloads later on. last night here on "the kudlow report," republican senator kelly ayotte spoke out against this bill. take a listen. >> i think we need to rename...
72
72
Mar 20, 2013
03/13
by
CSPAN2
tv
eye 72
favorite 0
quote 0
all of this tax increase is thanks to 21 tax increases contained in obamacare. my guess is the majority doesn't want to take on that group. so number 2 -- that's tax-deferred retirement savings vehicles. it's defined benefit plans and section 401(k)-type plans. to be sure, some hiring-income taxpayers benefit. defined benefit plans tend to dominate in the unionized world. section 401(k)-type plans are more common now. some high-income taxpayers do benefit because they are owners of a business, and we want them to set up and maintain their plans. about 4% of this tax expenditures goes to taxpayers at $1 million or more income. number 3 on the list there, it's the preferential rate for capital gains and dividends. it is true that higher-income taxpayers tend to have more capital gains but a few montes ago, the rate rose 50%. do we want to choke off more savings and investment? number 4 -- that's the deduction for state and local income and real property taxes. "the new york times" editorial page is usually very in tune with the majority. an editorial december 6, 2
all of this tax increase is thanks to 21 tax increases contained in obamacare. my guess is the majority doesn't want to take on that group. so number 2 -- that's tax-deferred retirement savings vehicles. it's defined benefit plans and section 401(k)-type plans. to be sure, some hiring-income taxpayers benefit. defined benefit plans tend to dominate in the unionized world. section 401(k)-type plans are more common now. some high-income taxpayers do benefit because they are owners of a business,...
93
93
Mar 20, 2013
03/13
by
CSPAN
tv
eye 93
favorite 0
quote 0
instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine of growth and job creation and increased opportunities for all hardworking americans. this is what the house republican budget will achieve and this is what americans deserve. i yield back. the chair: the gentlelady yields back the balance of her time. the gentleman from maryland. mr. van hollen: thank you, mr. chairman. the way to save medicare is to bring down costs overall in the health care system, not give seniors a voucher that puts all the risk on the senior which is what the republican approach does. i now yield one minute to the gentleman from california, the distinguished ranking membe
instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine...
86
86
Mar 25, 2013
03/13
by
CSPAN
tv
eye 86
favorite 0
quote 0
tax, the lowest business tax of any major economy in the world. we will have achieved in one parliament a long list -- largest reduction in the tax in the histories -- the nation's history and major changes in the british tax system, we will abolish the complex marginal recalculation, and give britain a single rate of corporation tax for the first time since 1973. and as for previous reductions in the tax rate either not intend to pass the benefit on to the banking sector so i will offset this with the bank levy rate to -- for a 0.12%. britain is moving to low and competitive taxes, so we should insist that people pay those taxes and not aggressively avoid them. that is the right way to succeed. under labor we have the best -- the worst of both worlds. the tax revenues fell by billions of pounds as the wealthy paid less. this is the wrong way around. under this government the tax rates are more competitive and the wealthy pay more taxes. this is the right way. this is an inconvenience true for the other side. in every year of the parliament the ri
tax, the lowest business tax of any major economy in the world. we will have achieved in one parliament a long list -- largest reduction in the tax in the histories -- the nation's history and major changes in the british tax system, we will abolish the complex marginal recalculation, and give britain a single rate of corporation tax for the first time since 1973. and as for previous reductions in the tax rate either not intend to pass the benefit on to the banking sector so i will offset this...
140
140
Mar 23, 2013
03/13
by
FOXNEWSW
tv
eye 140
favorite 0
quote 1
there is a payroll tax of .9%, investment tax of 3.8%, excise tax of 2.3%, 159 rules to spell out how that tax applies. can you imagine how this is going to northbound this is a nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it and start all over. >> 2200 pages turned into 20,000 so far. i remember when president clinton saiddy not have sex with that woman. president obama setd this will not add a single dime to the deficit. >> look, it's going to bring down health care costs. it's amazing people hate so much something that has barely taken effect. most hasn't gone into effect. the american people when asked about the specific provisions in the affordable care act like it. they like tax credits for small businesses to pay for insurance, they like closing the medicare donut hole, they like kids staying on insurance. 80% of people like those and less than 50% know they are in the bill. so stop smearing the bill to tell people what's really in it. >> talk about why this didn't kick in. we had to
there is a payroll tax of .9%, investment tax of 3.8%, excise tax of 2.3%, 159 rules to spell out how that tax applies. can you imagine how this is going to northbound this is a nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it and start all over. >> 2200 pages turned into 20,000 so far. i remember when president clinton saiddy not have sex with that woman. president obama setd this will not add a...
90
90
Mar 19, 2013
03/13
by
CSPAN
tv
eye 90
favorite 0
quote 0
and taxes. it will structure our system for economic growth. we will stop hemorrhaging jobs overseas and bring american jobs back to these shores. it's one thing if we lose jobs because of low wages overseas. we don't ever want to compete in that arena. it's another if we lose jobs because our government is inefficient, bloated and expensive. and finally, it protects our most vulnerable. it protects our young people. you know, i agree with then senator obama when he said it was immoral to continue to incur these massive debts. of course, when he said it, since he said it, our debt is multiples of what he was decrying at that time. we are piling mountains and mountains of debt on our children and our grandchildren to fuel our addiction to spending and it's got to stop and it's got to stop now. i'm proud to stand for this republican budget and i urge its passage. i give back the rest of my time. the chair: the gentleman yields back the balance of his time. the gentleman from maryland. mr. van holl
and taxes. it will structure our system for economic growth. we will stop hemorrhaging jobs overseas and bring american jobs back to these shores. it's one thing if we lose jobs because of low wages overseas. we don't ever want to compete in that arena. it's another if we lose jobs because our government is inefficient, bloated and expensive. and finally, it protects our most vulnerable. it protects our young people. you know, i agree with then senator obama when he said it was immoral to...
89
89
Mar 18, 2013
03/13
by
CSPAN2
tv
eye 89
favorite 0
quote 0
future tax reforms we're never going to allow tax reform to hide a tax increase. and periodically politicians say i'm for tax reform. well, what they mean is they want to raise taxes. there are two ways to raise the income tax; raise the rates or broaden the pace without bringing the rates down. and the pledge says, hey, no raising the rates. and, two, if you want to get rid of deductions and credits, that's great. but bring the rates down dollar for dollar. that's what ryan does. the ryan plan is perfectly consistent with the pledge. >> host: let's bring in chris now from spring hill, florida,en the republican line. good morning, chris, you're on with grover norquist. >> caller: good morning, thank you. >> guest: hey, chris. >> caller: thank you for c-span. yeah, mr. norquist, i think there's a big problem. see, you know, perception is everything when it comes to marketing, and it's the perception that the democrats are able to get across because the democrats, um, they know their audience. they know who they're pandering to. they know who they're selling to. and
future tax reforms we're never going to allow tax reform to hide a tax increase. and periodically politicians say i'm for tax reform. well, what they mean is they want to raise taxes. there are two ways to raise the income tax; raise the rates or broaden the pace without bringing the rates down. and the pledge says, hey, no raising the rates. and, two, if you want to get rid of deductions and credits, that's great. but bring the rates down dollar for dollar. that's what ryan does. the ryan plan...
55
55
Mar 22, 2013
03/13
by
CSPAN2
tv
eye 55
favorite 0
quote 0
it was all tax increases. $620 billion tax increase. and over the course of the president's first term, we got a trillion-dollar tax increase with obamacare. you add those things together with some other tack increases that have been added on, it's over $1.7 trillion in new taxes, new revenues, as they say. we want balance. you have $1.7 trillion in new revenue already. and then they are talking about another $1.5 trillion in taxes. really? i mean, where's the balance in that? this is all about raising taxes, growing government at the expense of the economy. and i would say to my colleague from alabama, we're going to vote on an amendment here pretty soon by the senator from new hampshire, senator ayotte, which says -- which raises a point of order against any tax increase that would occur until the unemployment rate gets back down to 5.5%, because 5.5% is what the administration said back in 2009, the president and the white house said would be the unemployment rate by now without the stimulus. and it's hard to feature that after spend
it was all tax increases. $620 billion tax increase. and over the course of the president's first term, we got a trillion-dollar tax increase with obamacare. you add those things together with some other tack increases that have been added on, it's over $1.7 trillion in new taxes, new revenues, as they say. we want balance. you have $1.7 trillion in new revenue already. and then they are talking about another $1.5 trillion in taxes. really? i mean, where's the balance in that? this is all about...
209
209
Mar 22, 2013
03/13
by
CNBC
tv
eye 209
favorite 0
quote 0
now, some have expired, but california, the taxes were replaced with other tax increases. and some states are now proposing brand new taxes on the wealthy. of course, that's on top of that new federal tax hike. in minnesota, democratic ledge slay churps are proposing a temporary tax on the top 1% of earners to pay down debt for schools. in rhode island, a proposal to raise the top rate to 7.99% from 5.99% to fund the state budget. and from washington state to maine, politicians are now talking increasingly about more fairness in the tax code. but maria, fairness may be going too far, even for liberal talk show hosts. here's what bill maher had to say last week on his hbo show. >> i just want to say, liberals, you could actually lose me. it's outrageous what we're paying. over -- i'm willing to pay my share, but yeah, it's ridiculous. >> yeah, maria, when bill maher is standing up for wealthy tax payers? >> wow. >> you know you've gone too far. >> knock me out. bill maher admits it. >> yeah. >> just -- so, highest earners, the federal at 39.6, you have new york at 9.8, you
now, some have expired, but california, the taxes were replaced with other tax increases. and some states are now proposing brand new taxes on the wealthy. of course, that's on top of that new federal tax hike. in minnesota, democratic ledge slay churps are proposing a temporary tax on the top 1% of earners to pay down debt for schools. in rhode island, a proposal to raise the top rate to 7.99% from 5.99% to fund the state budget. and from washington state to maine, politicians are now talking...
SFGTV: San Francisco Government Television
65
65
Mar 18, 2013
03/13
by
SFGTV
tv
eye 65
favorite 0
quote 0
, so you have parking tax and property tax are the ones, so mta receives 80% of parking tax in lieu, and what that means is that the parking tax comes into the general fund and we give mta general fund money in the same dollar amount, so that amounts to 61 million dollars, similarly with the library, 2.5% of property tax, this is an additional 37 million, open space, 37 million, the children's fund of 44.7 million, the municipal symphony, 2 million, and then the hotel tax as we discussed earlier, 88 million that is then budgeted, 56 million of that is budgeted in the general fund. >> so, the open space fund is getting an additional 37 million this year, yes, this year? >> it is getting 37 million, it is not an additional, each year, it gets the percentage of property tax, 2.5% of property tax, so as property tax grows, the open space fund is lucky enough to grow with our largest growing general fund tax. >> got it. supervisor avalos? >> just a question on that, so we have the open space property tax set aside, 2.5% at 37.3 million, is there anything that protects overall funding with
, so you have parking tax and property tax are the ones, so mta receives 80% of parking tax in lieu, and what that means is that the parking tax comes into the general fund and we give mta general fund money in the same dollar amount, so that amounts to 61 million dollars, similarly with the library, 2.5% of property tax, this is an additional 37 million, open space, 37 million, the children's fund of 44.7 million, the municipal symphony, 2 million, and then the hotel tax as we discussed...
SFGTV: San Francisco Government Television
39
39
Mar 18, 2013
03/13
by
SFGTV
tv
eye 39
favorite 0
quote 0
which is our largest overall local revenue source, though business taxes and our hotel and sales taxes are as growing over that time period. this slide highlights for you wla the projected growth rates are in the plan, so you can see, you know, stronger growth rates in the early first two years and more moderate projections in the subsequent years. on the expenditure side, our -- the city's expenditures are projected to increase by 1.1 billion dollars over the five year period, that's about 25% growth, and the largest share of that is our salary and fringe benefit costs which are growing we're projecting 460 million dollars, there are a number of citywide cost increase that is are assumed in this plan, things like fully funding our capital plan, our it plan and equipment costs, the plan also assumes that we fully fund inflation on grants as well as other non-personnel services, so that's all the contracts, grants, and other types of expenditures that are not staff costs. >> supervisor breed? >> yes, can you please explain what you mean by fully fund capital plan? >> happy to answer tha
which is our largest overall local revenue source, though business taxes and our hotel and sales taxes are as growing over that time period. this slide highlights for you wla the projected growth rates are in the plan, so you can see, you know, stronger growth rates in the early first two years and more moderate projections in the subsequent years. on the expenditure side, our -- the city's expenditures are projected to increase by 1.1 billion dollars over the five year period, that's about 25%...
88
88
Mar 21, 2013
03/13
by
CSPAN2
tv
eye 88
favorite 0
quote 0
premiums because the tax increases in obamacare were taxes on medical device companies, taxes on your health insurance plan, taxes on pharmaceuticals, all of which are being passed on in the form of higher costs to average working americans. so we have got a crisis in this country that affect the middle-class families, people who are out there every single day just trying to do their best to make their budget balance and do the important things to plan for the future of their children and grandchildren, and here we are in washington, d.c., debating yet more policies that are going to hurt the economy, that are going to -- that are going to crush job creation in this country and lower take-home pay for those very middle-class american families. and so this is the wrong approach, mr. president. i hope that as we debate this we'll have an opportunity to vote on amendments. perhaps there is a way in which we could make this better. i doubt that to be the case. this budget is so far off in terms of where we need to be going as a country, if we're serious about getting the economy growing a
premiums because the tax increases in obamacare were taxes on medical device companies, taxes on your health insurance plan, taxes on pharmaceuticals, all of which are being passed on in the form of higher costs to average working americans. so we have got a crisis in this country that affect the middle-class families, people who are out there every single day just trying to do their best to make their budget balance and do the important things to plan for the future of their children and...
62
62
Mar 20, 2013
03/13
by
CSPAN2
tv
eye 62
favorite 0
quote 0
under this government the tax rates are more competitive and the wealthy pay more tax. that's the right way around. here is an inconvenient truth for the other side. in every year of this parliament, the rich will pay a greater proportion of income tax revenue than any one of the thirty years of the last labour government. and during those years, too many people were allowed to get away with aggressive tax avoidance of abuse, they bogsed they were paying less tax and the member opposite applauded them for it. we stopped that. that's what i call fair. today i'm unveiling one of the largest ever package of avoidance measures presented in a budget, details set out including agreemented with isle to bring in over a billion pounds of unpaid taxes. new rules to stop abuse of corporate tax, and offshore employment. that's another 2 billion pounds. this year we're giving britain the first ever generally abuse rule and we will name and shame promoters of tax avoidance scheme. my message to make a living telling others to avoid the taxes, this government is not going let you get
under this government the tax rates are more competitive and the wealthy pay more tax. that's the right way around. here is an inconvenient truth for the other side. in every year of this parliament, the rich will pay a greater proportion of income tax revenue than any one of the thirty years of the last labour government. and during those years, too many people were allowed to get away with aggressive tax avoidance of abuse, they bogsed they were paying less tax and the member opposite...
119
119
Mar 25, 2013
03/13
by
CSPAN
tv
eye 119
favorite 0
quote 0
tax. we have canceled fuel duty increase after fuel duty increase, and we are legislating -- and i can also tell him where not going to carry on with a proposal made by the previous energy secretary which was about 179 pounds on everybody's bill. we decided to scrap that. >> ed miliband. [shouting] >> trento want to ask the primers about the situation in cyprus. can the prime minister update the house what is being done to protect the british nationals including our armed forces who have deposits in cyprus banks? >> the leader of the opposition raises and externally important issue, and a very sensitive and difficult time for the republic of cyprus. first of all on the issue of anyone who is in cyprus because they've been sent there by the british government in the armed forces, m.o.d., or the foreign office, we've guaranteed that they won't anyway lose out in terms of their earnings or their savings. that is the first thing to say. we've also sure that money will be available which is why
tax. we have canceled fuel duty increase after fuel duty increase, and we are legislating -- and i can also tell him where not going to carry on with a proposal made by the previous energy secretary which was about 179 pounds on everybody's bill. we decided to scrap that. >> ed miliband. [shouting] >> trento want to ask the primers about the situation in cyprus. can the prime minister update the house what is being done to protect the british nationals including our armed forces who...
99
99
Mar 23, 2013
03/13
by
FOXNEWSW
tv
eye 99
favorite 0
quote 0
during some of the highest tax periods. in the 1960's, we ha 70% top tax bracket. we had a booming economy. look. the rich have plenty of money that can help us out in this situation. to invest in this country's future. >> bill: i don't know if that's freedom, mr. callahan. we appreciate you coming on. in next on the run down, lou dobbs will reply to what you just heard and why americans are not eating out in restaurants as much. two criminal cases, philadelphia doctor charged with executing babies. executing them. and jodi areas on trial for murder in arizona. we're coming right back. hçhçxnm michael, tell us why you used to book this fabulous hotel? well you can see if the hotel is pet friendly before you book it, and i got a great deal without bidding. and where's your furry friend? oh, i don't have a cat. now you can save up to 50% during priceline's spring hotel sale use promo code spring for additional savings on all express deals, including pet friendly hotels. express deals. priceline savings without the bidding. omnipotent of opportunity. you know how to
during some of the highest tax periods. in the 1960's, we ha 70% top tax bracket. we had a booming economy. look. the rich have plenty of money that can help us out in this situation. to invest in this country's future. >> bill: i don't know if that's freedom, mr. callahan. we appreciate you coming on. in next on the run down, lou dobbs will reply to what you just heard and why americans are not eating out in restaurants as much. two criminal cases, philadelphia doctor charged with...
111
111
Mar 20, 2013
03/13
by
CNBC
tv
eye 111
favorite 0
quote 0
you do not pay tax. they have to have lawyers now, accountants and -- >> 9600 jurisdictions that they have to keep track of. and each one had that is a different set of rules and regulations. i hear the argument, it's not a big deal that someone will figure it out with software, it's not about the software, it's about compliance and aud auditing and small businesses spending time on paperwork instead of getting back to work. >> i feel it's a tax grab. what bothers me is you may favor that tax grab. that is my concern. can you dissuede me from that concern? >> i do not like this tax grab. states fund themselves with sales tax. it's the primary way that states generate, revenues for themselves. so we cannot take away the only way they generate revenue. >> some states. >> some, right, but maybe a better way to do it is to collect the tax in the state where the psmall business exist. >> how about that? >> that is what exists now, it's across state lines that we are talking about. >> go ahead. go ahead. pleas
you do not pay tax. they have to have lawyers now, accountants and -- >> 9600 jurisdictions that they have to keep track of. and each one had that is a different set of rules and regulations. i hear the argument, it's not a big deal that someone will figure it out with software, it's not about the software, it's about compliance and aud auditing and small businesses spending time on paperwork instead of getting back to work. >> i feel it's a tax grab. what bothers me is you may...
267
267
Mar 18, 2013
03/13
by
CNBC
tv
eye 267
favorite 0
quote 0
that's much higher than the russian corporate tax and the cyprus corporation tax. what happens then? >> larry, it's a bigger issue than that. because it's all about transparency. if the european central bank gets its hands on records in the republic of cyprus, all these little stories and hidden basic constructs will all become transparent. it's all about uncovering billions of dollars in dirty money. >> how will they do that? what i'm asking is, haven't the banks shielded the russians from all this? russian parks goods there. they send them off to iran and syria and other rogue states. money has never been a problem. cyprus has never reported them. why start now? >> they are going to be under a lot of pressure. they'll be under the ecb gun and have to clean up their act. as an absolute spin-off from that, they are going to have to be more transparent. it's going to happen. they can't do that. cyprus is their last vestage of offshore financial centers. they are all signing contracts with the u.s. and uk and germany. the only alternative they have to go all the way
that's much higher than the russian corporate tax and the cyprus corporation tax. what happens then? >> larry, it's a bigger issue than that. because it's all about transparency. if the european central bank gets its hands on records in the republic of cyprus, all these little stories and hidden basic constructs will all become transparent. it's all about uncovering billions of dollars in dirty money. >> how will they do that? what i'm asking is, haven't the banks shielded the...
160
160
Mar 23, 2013
03/13
by
FOXNEWSW
tv
eye 160
favorite 0
quote 1
there is a payroll tax of .9% and investment tax 3.8% and excise tax of which there are 159 rules to spell out how that tax applies. can you imagine how this is going to be? this is nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it around started all over. >> eric: and remember when president clinton said that it would not add to the debt and now it's trillion dollars? >> it's amazing people hate so much of it. let's note the american people when asked about the specific provisions in the affordable care act actually like it. they like tax credits for small insurance and closing the medicare loopholes and 80% of like those things and less than 50% know they are in the bill. >> let's talk about why this is going to kick in. eric they purposely wrote this thing, once it is in all the crappy things come out. knows what is going to happen to medicare costs and medicare or anything like that. good luck trying to find a doctor or nurse. they did this in purpose. they bam, smacked you with this. >>
there is a payroll tax of .9% and investment tax 3.8% and excise tax of which there are 159 rules to spell out how that tax applies. can you imagine how this is going to be? this is nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it around started all over. >> eric: and remember when president clinton said that it would not add to the debt and now it's trillion dollars? >> it's amazing people...
77
77
Mar 21, 2013
03/13
by
CSPAN2
tv
eye 77
favorite 0
quote 0
and it raises taxes. now we'll submit a document for the record that we think shows we've got $1.5 trillion in tax increases in this bill, but whether it is $1.5 trillion or $1 trillion, the deal is spending goes up. and there's virtually no alteration in the debt course of america over the next ten years. so why is it that it's a spending problem? let me explain. it actually came to me more clearly during a hearing recently where mr. elmendorf, who is the director of c.b.o., the congressiona congressional e and a very smart man and a decent individual -- and so we were talking about the growth in spending in taxes and the tax increases have just owe cud and that sort of thing. and this is the story: if you're -- if you -- if your tax -- if you raise -- i asked him this: if we raise enough taxes to balance the budget today and if the economy is growing at 2% and -- would the taxes grow at about 2% a year? and he said, yes. they worked hard to figure out what kind of tax reform growth it is, but taxes basi
and it raises taxes. now we'll submit a document for the record that we think shows we've got $1.5 trillion in tax increases in this bill, but whether it is $1.5 trillion or $1 trillion, the deal is spending goes up. and there's virtually no alteration in the debt course of america over the next ten years. so why is it that it's a spending problem? let me explain. it actually came to me more clearly during a hearing recently where mr. elmendorf, who is the director of c.b.o., the congressiona...
91
91
Mar 23, 2013
03/13
by
FOXNEWSW
tv
eye 91
favorite 0
quote 0
during some of the highest tax periods. in the 1960's, we ha 70% top tax bracket. we had a booming economy. look. the rich have plenty of money that can help us out in this situation. to invest in this country's future. >> bill: i don't know if that's freedom, mr. callahan. we appreciate you coming on. in next on the run down, lou dobbs will reply to what you just heard and why americans are not eating out in restaurants as much. two criminal cases, philadelphia doctor charged with executing babies. executing them. and jodi areas on trial for murder in arizona. we're coming right back. both tylenol and bayer advanced aspirin are proven to be effective pain relievers. tylenol works by blocking pain signals to your brain. bayer advanced aspirin blocks pain at the site. try the power of bayer advanced aspirin. to get her oven baked taste straight from the microwave. like her oven roasted chicken baked in a rich, creamy alfredo sauce. she calls them her new comfort bakes. marie callender's. it's time to savor. she calls them her new comfort bakes. google's backyard for
during some of the highest tax periods. in the 1960's, we ha 70% top tax bracket. we had a booming economy. look. the rich have plenty of money that can help us out in this situation. to invest in this country's future. >> bill: i don't know if that's freedom, mr. callahan. we appreciate you coming on. in next on the run down, lou dobbs will reply to what you just heard and why americans are not eating out in restaurants as much. two criminal cases, philadelphia doctor charged with...
84
84
Mar 25, 2013
03/13
by
CSPAN
tv
eye 84
favorite 0
quote 0
tax at all. it's progress on the side of people who work hard and want to get on. >> what is the prime minister planning to spend his millionaire's tax on? [cheering and applause] >> honorable lady, when the top rate of tax put up, millionaires paid 7 million pounds less. that's incompetent and inefficient sei she left -- to support. >> the question is asked, when the prime minister is giving -- [inaudible] dr. julian lewis. give him the sas nighting gail had the qirks quashed following the quashing of his military prison sentence last year, does the prime minister agree with me that it would be totally against the public interest and against the sas regimen for him to have to face a fresh trial when others are benefiting from it rightly introduced by the state of defense as a result of the . >> my honorable friend raise answer important point. let me say how strongly i support those of the service. you get a opportunity meet them as prime minister. they are some of the bravest and finest people
tax at all. it's progress on the side of people who work hard and want to get on. >> what is the prime minister planning to spend his millionaire's tax on? [cheering and applause] >> honorable lady, when the top rate of tax put up, millionaires paid 7 million pounds less. that's incompetent and inefficient sei she left -- to support. >> the question is asked, when the prime minister is giving -- [inaudible] dr. julian lewis. give him the sas nighting gail had the qirks quashed...
242
242
Mar 23, 2013
03/13
by
FOXNEWSW
tv
eye 242
favorite 0
quote 0
during some of the highest tax periods. in the 1960's, we ha 70% top tax bracket. we had a booming economy. look. the rich have plenty of money that can help us out in this situation. to invest in this country's future. >> bill: i don't know if that's freedom, mr. callahan. we appreciate you coming on. in next on the run down, lou dobbs will reply to what you just heard and why americans are not eating out in restaurants as much. two criminal cases, philadelphia doctor charged with executing babies. executing them. and jodi areas on trial for murder in arizona. we're coming right back. >> bill: lou's the boss segment tonight. let's get to lou dobbs. this disturbs me he very much. i think the viewers understand i'm spending a lot of time on this. this is seizure. this is the federal government seizing wages, property, and let me just tell you something. my mother lives out in left town in the same house i grew up in, all right? >> great. >> bill: she has been in that house now for 60 years? okay. if i didn't pay her property tax, they would seize her house. she coul
during some of the highest tax periods. in the 1960's, we ha 70% top tax bracket. we had a booming economy. look. the rich have plenty of money that can help us out in this situation. to invest in this country's future. >> bill: i don't know if that's freedom, mr. callahan. we appreciate you coming on. in next on the run down, lou dobbs will reply to what you just heard and why americans are not eating out in restaurants as much. two criminal cases, philadelphia doctor charged with...
82
82
Mar 21, 2013
03/13
by
KGO
tv
eye 82
favorite 0
quote 0
on all subjects that we do taxes on. including corporations and personal returns. >> the calls you've been receiving tonight who are you hearing from? big questions? >> big questions, most common one is do i need to file? a lot of people are disabled or receiving benefits. we have money coming in do we need to file a tax return? >> that is a great question. glad you're theer answer it for them. our staff is here tonight until 8:00 so give us a call. we're taking questions in spanish, canton ease, mand rin and english so give us a kault. -- call. >> great stuff. thank you very much. >> sandhya patel st standing by with some important information. >> finding rain around here on the first day of spring. >> yef. i'm just going to tell you know that the drizzle here and there is not just done. the forecast is not taxing. a lot of cloud cover around. you can see it's here. radar along with national weather service radar still watching spotty drizzle around santa cruz coastlines here and it's winding down. here is a view. we're
on all subjects that we do taxes on. including corporations and personal returns. >> the calls you've been receiving tonight who are you hearing from? big questions? >> big questions, most common one is do i need to file? a lot of people are disabled or receiving benefits. we have money coming in do we need to file a tax return? >> that is a great question. glad you're theer answer it for them. our staff is here tonight until 8:00 so give us a call. we're taking questions in...
95
95
Mar 20, 2013
03/13
by
CSPAN
tv
eye 95
favorite 0
quote 0
it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of spending $46 trillion over the next 10 years, as we're currently poised to spend, we spend $41 trillion. instead of growing spending 5% a year we grow at 3.4% a year. with all the predictions of doom and gloom and how evil and terrible and horrible or budget is, it increases spending every year by 3.4% a year instead of 5% a year. the difference is we balance the budget. the difference is we let families keep more of their own take-home pay. the difference is we make sure our kids inherit a debt-free future. the difference is w
it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of...
19
19
tv
eye 19
favorite 0
quote 0
on money had already been taxes tax on and fourteen percent thirty five percent already been taxed and he's already said his secretary was paid with money that had never been taxed before i think i think his secretaries pay what the profits corporation and that corporation got their money from or that corporation to get that money from investment you're absolutely right from somebody else who had been double taxing people and we got no way that it went to the central issue either you are you trying to tell me that i did it but it's of the central issue of which is that if we did it i'm paying somebody that if i've paid taxes on that money they shouldn't have to pay taxes that really try to tell me no not and not at all then why are you making the argument that romney should only pay fourteen percent income tax because somebody else paid taxes on that money because his income has already been taxed there's no need to tell him i is homes are already being taxed and i believe this isn't rational and candy bars and i say you can't tax that if you want to look at the central issue of minimu
on money had already been taxes tax on and fourteen percent thirty five percent already been taxed and he's already said his secretary was paid with money that had never been taxed before i think i think his secretaries pay what the profits corporation and that corporation got their money from or that corporation to get that money from investment you're absolutely right from somebody else who had been double taxing people and we got no way that it went to the central issue either you are you...
SFGTV: San Francisco Government Television
26
26
Mar 18, 2013
03/13
by
SFGTV
tv
eye 26
favorite 0
quote 0
remembering correctly, supervisor, so i believe the last time that the city was able to fund the hotel tax allocations at the level that the code recommends was fiscal year 2007-2008, so it's been a number of years that we have deferred that or captured that growth for the general fund, and you're also correct to say that the fiscal 13-14 budget that was adopted last year assumes that the growth in the hotel tax benefits the general fund, so that's already been -- the board last year made a choice to utilize those hotel tax resources for the general fund rather than allowing for growth. >> just for a point of clarification around the hotel tax legislation, how is the general fund able to absorb that increase separately from what's required according to the legislation based on the cap of what art entities receive? i know that it's not to decrease or increase, i think it's either 5 or 10 percent and anything above that can be captured by the general fund and so i'm trying to understand exactly how the general fund has been able to capture that without increasing those hotel tax recipients?
remembering correctly, supervisor, so i believe the last time that the city was able to fund the hotel tax allocations at the level that the code recommends was fiscal year 2007-2008, so it's been a number of years that we have deferred that or captured that growth for the general fund, and you're also correct to say that the fiscal 13-14 budget that was adopted last year assumes that the growth in the hotel tax benefits the general fund, so that's already been -- the board last year made a...
559
559
Mar 24, 2013
03/13
by
CNNW
tv
eye 559
favorite 0
quote 0
what about taxes around the world? do people move from high tax to low tax areas? the data isser more difficult to glean there. i couldn't help but wonder as i watched gerard depardieu show off his new passport russia, he needed to spend six months of the year to qualify for the 13% tax rate and deal with russia's frigid winters, battle with a culture that is not always friendly to foreigners, trade french food for russian food and most importantly he'd have to give up what is surely one of life's greatest treasures, living in paris. i don't think i'd make the trade. we'll be right back. up next is america being left behind the rest of the world in the space race? neil degrasse tyson explains hello. i'm fredricka whitfield with a look at the top stories. a spring snowstorm is pounding kansas, missouri and illinois they are buried under six inches of snow and expected to get four inches more before it is over. the storm is moving east and will hit the mid-atlantic states late today and tomorrow. >>> tv ads against gun violence start to run in 13 states beginning tom
what about taxes around the world? do people move from high tax to low tax areas? the data isser more difficult to glean there. i couldn't help but wonder as i watched gerard depardieu show off his new passport russia, he needed to spend six months of the year to qualify for the 13% tax rate and deal with russia's frigid winters, battle with a culture that is not always friendly to foreigners, trade french food for russian food and most importantly he'd have to give up what is surely one of...
44
44
tv
eye 44
favorite 0
quote 1
officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bailout but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are still in danger e.u. and cypriot officials are scrambling to come up with an alternative and i'll turn. scheme before banks reopen next tuesday march twenty sixth allen's finance ministry for one as suggested accepting the e.u. bailout on the condition that exempts smaller account holders from the lobby of the european finance ministers like francis pure mosco moscow these have also expressed support for such an exception and at the same time however the cypriot government is also exploring a bailout plan with russia which is not part of the e.u. any agreement with russia would likely include access
officials the plan was intended to make wealthy foreigners who often use cyprus as a tax haven pay for the bailout but the plan would have forced all separate account holders not just the wealthy to pay for the bank's toure's mistakes not surprisingly citizens of all classes took to the streets demanding that their government reject the e.u. bailout their protests worked eventually forcing tuesday's unanimous no vote in the e.u. i.m.f. proposal but the small mediterranean islands banks are...
73
73
Mar 19, 2013
03/13
by
CSPAN
tv
eye 73
favorite 0
quote 0
they achieve that balance by not raising taxes, while not raising taxes. i think that's very important, too. we certainly aren't undertaxed in this country. my friends on the other side clearly believe that we are. they are going to offer multiple tax increases in all their budgets. i like the budget that does not require tax increases. finally, both these budgets, the republican study committee budget and the republican budget, come to grips with the reality that we have to -- reform entitlements. we have our own way of doing that, but there could be others. unfortunately our friends on the other side are largely silent about that important choice. as my friend, mr. woodall, mentioned in his remarks, the ryan budget, is hardly a radical budget. it's going to increase spending every single year over a 10-year wind heo by about 3.5%. the main democratic alternative is about 5%. can't we live at 3.5% and have a balanced budget in 10 years as opposed to go to five with higher taxes and not balance the budget within that 10-year window? again i'm proud of my d
they achieve that balance by not raising taxes, while not raising taxes. i think that's very important, too. we certainly aren't undertaxed in this country. my friends on the other side clearly believe that we are. they are going to offer multiple tax increases in all their budgets. i like the budget that does not require tax increases. finally, both these budgets, the republican study committee budget and the republican budget, come to grips with the reality that we have to -- reform...
48
48
Mar 20, 2013
03/13
by
CSPAN2
tv
eye 48
favorite 0
quote 0
tax at all. it's progress on the side of people who work hard and want to get on. >> what is the prime minister planning to spend his millionaire's tax on? [cheering and applause] >> honorable lady, when the top rate of tax put up, millionaires paid 7 million pounds less. that's incompetent and inefficient sei she left -- to support. >> the question is asked, when the prime minister is giving -- [inaudible] dr. julian lewis. give him the sas nighting gail had the qirks quashed following the quashing of his military prison sentence last year, does the prime minister agree with me that it would be totally against the public interest and against the sas regimen for him to have to face a fresh trial when others are benefiting from it rightly introduced by the state of defense as a result of the . >> my honorable friend raise answer important point. let me say how strongly i support those of the service. you get a opportunity meet them as prime minister. they are some of the bravest and finest people
tax at all. it's progress on the side of people who work hard and want to get on. >> what is the prime minister planning to spend his millionaire's tax on? [cheering and applause] >> honorable lady, when the top rate of tax put up, millionaires paid 7 million pounds less. that's incompetent and inefficient sei she left -- to support. >> the question is asked, when the prime minister is giving -- [inaudible] dr. julian lewis. give him the sas nighting gail had the qirks quashed...
15
15
tv
eye 15
favorite 0
quote 0
it is a not so much a stealth tax as a sort of a swipe tax is that a very quickly and in some ways you could say that this is actually. on one level a prototype for how the country will timidly have to leave the euro zone entirely have to be done very quickly almost overnight with a certain sort of grab at the doors of the banks trying to make sure that the bank machines are basically switched off and then seeing the public in disarray that the following day and a huge crisis in parliament so whatever happens in terms of the the taxing and back accounts i think we're going to see this model of of how. democracies and how the the economy has to deal with a certain us are in crisis repeated in one scale in one form or another and quite possibly on a larger scale but let's hope not well leave the sun isn't shining in london by the looks of things and it's certainly not shining in cyprus although it should be thank you very much indeed les thanks for joining us live there that's leigh rather i'm in london. well the aftershocks of the proposition have been felt with other countries of cours
it is a not so much a stealth tax as a sort of a swipe tax is that a very quickly and in some ways you could say that this is actually. on one level a prototype for how the country will timidly have to leave the euro zone entirely have to be done very quickly almost overnight with a certain sort of grab at the doors of the banks trying to make sure that the bank machines are basically switched off and then seeing the public in disarray that the following day and a huge crisis in parliament so...
82
82
Mar 19, 2013
03/13
by
CSPAN2
tv
eye 82
favorite 0
quote 0
tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and expose the offshore tax havens that cost us over $300 billion a year in taxes owed to the united states, people that park their money in far-away places with strange-sounding names end up escaping tax liability. why do we let that happen? the average family across america, the average business across america can't escape and doesn't even try to escape its liability. yet, we built into the tax codes these cayman island little fiascoes in bermuda and all the places they head to. we could put an end to that in a
tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and...
131
131
Mar 20, 2013
03/13
by
CSPAN
tv
eye 131
favorite 0
quote 0
taxes every year. nearly 30 million middle income americans would lose their health insurance because of the repeal of the affordable care act and tens of millions of the would lose coverage because of ryan's plan to gut medicaid. we can do better. it would destroy the commitment we made to our nation's seniors, by turning medicare into a voucher program. it would shift the rising cost of health care onto those very american who was already suffered deep financial shocks in the recent fiscal crisis. many of them have lost their homes, lost their health insurance, lost their jobs, lost equity in their homes, lost their savings, and yet we want the ryan -- and yet the ryan budget would break another promise to them. in a profoundly cynical mood the ryan budget would revoke those provisions of the affordable care act that would expand access to care while keeping in place the revenue generated by the act. the ryan budget also guts investments in science. job tructure and all the growth as well as the futu
taxes every year. nearly 30 million middle income americans would lose their health insurance because of the repeal of the affordable care act and tens of millions of the would lose coverage because of ryan's plan to gut medicaid. we can do better. it would destroy the commitment we made to our nation's seniors, by turning medicare into a voucher program. it would shift the rising cost of health care onto those very american who was already suffered deep financial shocks in the recent fiscal...
117
117
Mar 20, 2013
03/13
by
CURRENT
tv
eye 117
favorite 0
quote 0
we could end the sequester today by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did companies that make their profit did overseas, did he ever their payments, sometimes never pay them, and >> bill: that just encourages people to move their money or jobs offshore? >> it's an incentive. >> why should we be rewarding them for exporting jobs basically? >> what these corporate interests and wealthy americans do is hide spending in give them a check? we would is a no way. in the tax code, nobody is really examining that. >> bill: exact. >> special tax -- well, mortgage interest deductions for second homes. not just a first home. i will tell you, a big one is the fossil fuel subsidy. i am talking about oil a
we could end the sequester today by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did...
165
165
Mar 24, 2013
03/13
by
FOXNEWSW
tv
eye 165
favorite 0
quote 0
property taxes are down. it's time for new solutions. >> shannon: other districts have allowed company representatives to spend time in the classroom, further pushing the domain at the kids. an increasing number of parents are concerned that it's a cynical ploy by corporations. >> the companies are noting did this out of the goodness of their heart. they are doing because they want to get the lifetime brand loyalty. school districts really need tong about this. this is not a donation. this is -- this is corporations looking to target children. >> shannon: and advertising to children is more than turning thome future consumers tleads to childhood obesity and violence. >> jamie: we report, you decide. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it.
property taxes are down. it's time for new solutions. >> shannon: other districts have allowed company representatives to spend time in the classroom, further pushing the domain at the kids. an increasing number of parents are concerned that it's a cynical ploy by corporations. >> the companies are noting did this out of the goodness of their heart. they are doing because they want to get the lifetime brand loyalty. school districts really need tong about this. this is not a...
81
81
Mar 18, 2013
03/13
by
MSNBCW
tv
eye 81
favorite 0
quote 0
i mean, why would any republican ever seek re-election saying, yes, i did cut taxes, i raised taxes on people that are out in this audience and also screwed you on medicare? why would anybody want to do that? >> ana navarro, this is part and parcel of where the republican is going. near as i can tell, it's been hanging out in maryland at the cpac conference. your trinkets, stand with rand posters. >> i'm still twiping, so you know, three days after at cpac. but rand paul had an entire campaign going on. it did not happen by accident. >> here's what i want to do. two sound bites from this week, two different visions of the road ahead. let's play that and get some reaction. >> we don't need a new idea. there is an idea. it's called america. and it still works. >> the gop of old has grown stale and moss covered. i don't think we need to name any names, do we? >> one of the things he means i think, senator mccain, or picked a fight with hawks in the republican party. who's the face right now? what does it mean to be a conservative in the party right now? >> i don't think we know. i think t
i mean, why would any republican ever seek re-election saying, yes, i did cut taxes, i raised taxes on people that are out in this audience and also screwed you on medicare? why would anybody want to do that? >> ana navarro, this is part and parcel of where the republican is going. near as i can tell, it's been hanging out in maryland at the cpac conference. your trinkets, stand with rand posters. >> i'm still twiping, so you know, three days after at cpac. but rand paul had an...
215
215
Mar 18, 2013
03/13
by
MSNBCW
tv
eye 215
favorite 0
quote 0
of course tax cuts are a tool used by keynesians. and tax increases. something that traditional keynesians are against in bad times. we always hear about austerity in great britain, a cross europe. there'll be talks about the spending cuts. but we never hear about the tax increases. and when you start talking about that, talk about the fact that they cut spending, slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases have more or less the same effect. they both take money out of the economy. they both slow the economy. and, yes, they create this idea of austerity. but, look, it's a balancing problem. you need on the one hand to deal with as you well know budget deficits and debt. and on the other hand you need to keep growth going. here's an interesting thing i saw over the weekend just briefly. the recession in greece which is actually a depression, if you line it up against the u.s. great depression in 1929, it looks a lot a like in terms of how much unemployment there is, how much t
of course tax cuts are a tool used by keynesians. and tax increases. something that traditional keynesians are against in bad times. we always hear about austerity in great britain, a cross europe. there'll be talks about the spending cuts. but we never hear about the tax increases. and when you start talking about that, talk about the fact that they cut spending, slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases have...
97
97
Mar 19, 2013
03/13
by
CNNW
tv
eye 97
favorite 0
quote 0
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. are proven to be effective pain relievers. tylenol works by blocking pain signals to your brain. bayer advanced aspirin blocks pain at the site. try the power of bayer advanced aspirin. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. omnipotent of opportunity. you know how to mix
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. are proven to be effective pain relievers. tylenol works by blocking pain signals to your brain. bayer advanced aspirin blocks pain at the site. try the power of...
105
105
Mar 21, 2013
03/13
by
CSPAN
tv
eye 105
favorite 0
quote 0
we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we eliminate some of the depletion balances. there's no reason we should be giving tax subsidies to these companies. we eliminate benefits for , reduce corporate meals and entertainment. is one thing. the second thing we do is we say, all right, people making over $400,000 now will be haying a tax of three point 96% on their highest income. % on their highest income. institute new tax brackets for millionaires and billionaires. $1 on every one dollar above million. 40 six percent on every one dollar above 20 million dollars. we finally go to a total of 49% for every on
we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we...
80
80
Mar 21, 2013
03/13
by
FOXNEWSW
tv
eye 80
favorite 0
quote 0
if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's money and go in and tax 10 to 15% of your hard earned money and that's why we brought the resolution to the floor and i asked 30 people yesterday to co-sign it. first 23 signed and seven said send me the information. >> who are the three that need more information. do you out them? >> no, i think the-- i probably would have been one, normally if somebody asks me to sign something on the floor, send it to my staff and let me read it. >> is it bipartisan, any democrats. >> not yet, but i've talked to a few democrats, but i walked down the republican side of the peop
if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's...
113
113
Mar 19, 2013
03/13
by
CNBC
tv
eye 113
favorite 0
quote 0
as part of that, you have to have tax reform and significant tax reform. and actually, simpson/bowles, a commission i served on, laid out a way to do it, got the tax rates down on the personal side to 9, 15 and 23% and the corporate to 26%. and you need to bring the corporate rate down to 24, 25, 26% and need to go to a territorial system. but you can't do that independent of the individual system, because if you have a huge gap between the top individual rate, say today it's at 42.5%, and if you took the corporate 25%, everybody started -- >> because then you have small business. small business got screwed at the expense of big businesses in the last tax bill. so you're right. so i -- look, i say, you're going to have big problems if you try to have a big personal and corporate together. i don't think it's possible. i don't know why you just can't do this. reform the corporate tax code. you can put limits on the deductions or -- i don't care. the president wants to do it. the republicans want to do it. just do it. but one exception. let small businessmen
as part of that, you have to have tax reform and significant tax reform. and actually, simpson/bowles, a commission i served on, laid out a way to do it, got the tax rates down on the personal side to 9, 15 and 23% and the corporate to 26%. and you need to bring the corporate rate down to 24, 25, 26% and need to go to a territorial system. but you can't do that independent of the individual system, because if you have a huge gap between the top individual rate, say today it's at 42.5%, and if...
73
73
Mar 19, 2013
03/13
by
CNNW
tv
eye 73
favorite 0
quote 0
>> warren buffett pays corporate taxes. >> he himself says he is paying less taxes than his secretary. >> when you look at that and the portrait of the own tax liability. fair enough. >> you take that case up with warren buffett. that's what he is saying. and when you look at sort of where corporate america is sort of profiting and american middle class wages are stagnant, you can't look at this and say that's fair. >> i agree. high corporate profits are a problem. regulation exacerbate that's problem and limits at built of startups to take on the companies. that's why even in mexico taker taking on the version of warren buffett for the very good reason that's the way you get jobs and growth by having more entrepreneurship and more growth and high corporate tax that are biassed towards the ges and buffets of the world is a burden. >> it's a weird argument to say we need more regulation when corporations are sitting on record profits. >> that happens to be true. >> gentlemen, thank you both very much. still "out front," new revelations about the teenage >> i'm willing to, you know, bre
>> warren buffett pays corporate taxes. >> he himself says he is paying less taxes than his secretary. >> when you look at that and the portrait of the own tax liability. fair enough. >> you take that case up with warren buffett. that's what he is saying. and when you look at sort of where corporate america is sort of profiting and american middle class wages are stagnant, you can't look at this and say that's fair. >> i agree. high corporate profits are a problem....
SFGTV: San Francisco Government Television
52
52
Mar 18, 2013
03/13
by
SFGTV
tv
eye 52
favorite 0
quote 0
just as far as the tax credit, in our survey, 74% of the businesss did not know that the tax credit was there. there really is an education that needs to go on. a lot of people will argue that 50,000 average per employee is so low that a lot of businesses aren't going to qualify. i might also point out that currently for the current year as tangerine said in 2013 it will be 50%, but currently the credit that is available and has been available for a few years is 35%. so that is the current credit. and i think one of the things that you have until -- anybody knows if it's march 15 to file for that? >> yes. >> march 15th, you need to file for it for the year. the other thing is, as was mentioned, how is an individual going to comply? and it's going to be through the taxes that they pay. but i thought you might find it interesting to find out -- now this is for businesss with 50 or more employees. what does the need to do? what the business need to do is provide the name, address, tax information and whether it offers full-time or part-time employees. the monthly premium of the lowest cost
just as far as the tax credit, in our survey, 74% of the businesss did not know that the tax credit was there. there really is an education that needs to go on. a lot of people will argue that 50,000 average per employee is so low that a lot of businesses aren't going to qualify. i might also point out that currently for the current year as tangerine said in 2013 it will be 50%, but currently the credit that is available and has been available for a few years is 35%. so that is the current...
132
132
Mar 24, 2013
03/13
by
CNNW
tv
eye 132
favorite 0
quote 0
what about taxes around the world. do people move from high tax to low-tax areas? the data is more difficult to gleam there. i couldn't help but wonder as i watched him show off his new passport in the russian republic, he would need to spend six months of the year in russia to qualify for its 13% tax rate. to do that, he would have to deal with russia's frigid winters and deal with a culture that is not always friendly to foreigners trade french food for russian food and, most importantly, he'd have to give up what is surely one of life's greatest treasures, living in paris. i don't think i'd make the trade. >>> we'll be right back. up next is america being left behind by the rest of the world in the space race? neil neil degrasse tyson explains. come on, nowadays lots of people go by themselves. no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ even in stupid loud places. to prove it, we set up our call center right here... [ chirp ] all good? [ chirp ] ge
what about taxes around the world. do people move from high tax to low-tax areas? the data is more difficult to gleam there. i couldn't help but wonder as i watched him show off his new passport in the russian republic, he would need to spend six months of the year in russia to qualify for its 13% tax rate. to do that, he would have to deal with russia's frigid winters and deal with a culture that is not always friendly to foreigners trade french food for russian food and, most importantly,...
65
65
Mar 19, 2013
03/13
by
CSPAN
tv
eye 65
favorite 0
quote 0
the only tax that increase was a temporary tax that was relief given to reduce the payroll tax to try to give a shot in the arm to the economy. that was always designed to be a temporary tax. as a practical matter, the president has, in fact, kept his pledge. it is ironic. polls show the american people thought that with the american recovery act that their taxes increase when, in fact, 94% of the people saw a reduction. what the president promised, he did, but a lot of people did not understand it and thought their taxes increased. people that look at the facts understand that they have received tax reductions. i personally think we have gone a little overboard. we will have to rebalance the scales, but the president kept his promises on taxation, notwithstanding what you're caller said. you're caller is wrong. beach on twitter says the private sector will always be a better fiscal that the anything run by the government -- fact, says this person. we are talking about the budget with earl blumenauer as the house begins work on the budget put out by paul ryan last week. "the hill" rep
the only tax that increase was a temporary tax that was relief given to reduce the payroll tax to try to give a shot in the arm to the economy. that was always designed to be a temporary tax. as a practical matter, the president has, in fact, kept his pledge. it is ironic. polls show the american people thought that with the american recovery act that their taxes increase when, in fact, 94% of the people saw a reduction. what the president promised, he did, but a lot of people did not...
100
100
Mar 23, 2013
03/13
by
FOXNEWSW
tv
eye 100
favorite 0
quote 0
but lot of state offer tax inaccepttive to intyce business to the state and i'm for lower taxes. then i broke down the numbers. new york state is offering tax credit, not simply tax deductions. estimated at or near 24 a year. i can say the taxpayers of new york would not only not collect any taxes from the "tonight show" they will toll out steps of millions in subsidiaries to nbc. we ask, was nbc, fallon and the crew of rich fat cats need that money? >> bob: are you asking me that question? >> eric: yes. >> bob: sorry. let me -- >> eric: here is the crux of the question. >> bob: i got it. i got it. >> eric: give them free money. >> eric: i don't understand that the states that entice people to production like michigan, is it that they lose money? or don't make money? this is what happens. we give you $24 million but the economic activity that you bring when you come to the city, make up for it that way. >> dana: i think this screams need for tax reform. this is so warped that for cuomo can't get his arms around the fracking issue. issuing the time regulations or whatever law they
but lot of state offer tax inaccepttive to intyce business to the state and i'm for lower taxes. then i broke down the numbers. new york state is offering tax credit, not simply tax deductions. estimated at or near 24 a year. i can say the taxpayers of new york would not only not collect any taxes from the "tonight show" they will toll out steps of millions in subsidiaries to nbc. we ask, was nbc, fallon and the crew of rich fat cats need that money? >> bob: are you asking me...
65
65
Mar 25, 2013
03/13
by
LINKTV
tv
eye 65
favorite 0
quote 0
he has got his tax hikes. it is time to focus on the real problem in washington, and that is spending. >> house speaker john boehner. professor, your response? also, the obama administration was warning catastrophe is sequestration took place. it took place. >> it is a stunning comment on our dysfunctional government built on top of a dysfunctional economy. here we are in the middle of a crisis. we have millions of people without work. millions of people are losing their homes. we have an economy that does not work for the vast majority. the u.s. government is one of the major customers for goods and services in america. sequestration is simply a cutback in government spending. it does not take rocket science to understand that if the government of the largest single buyer of goods and services cuts back on the goods and services it buys, that means companies across america will sell less and they will have less need of workers and it will lay off workers. so this is in fact that worsens and employment is alre
he has got his tax hikes. it is time to focus on the real problem in washington, and that is spending. >> house speaker john boehner. professor, your response? also, the obama administration was warning catastrophe is sequestration took place. it took place. >> it is a stunning comment on our dysfunctional government built on top of a dysfunctional economy. here we are in the middle of a crisis. we have millions of people without work. millions of people are losing their homes. we...
16
16
tv
eye 16
favorite 0
quote 0
with some experts saying if the tax is brought in may have to rethink its help for ailing europe. the u.s. military maintains there is no mass hunger strike at guantanamo bay more than one hundred detainees are reportedly starving themselves in protest at mistreatment. what washington and its allies have left behind in iraq because more deadly bombings strike the nation ahead of the ten year anniversary of the u.s. led invasion of top stories. international news and comment from our studio in. twenty four hours a day the parliament in cyprus is delayed until choose the decision on whether to and. which will cost its citizens millions of their hard earned euros every bank customer will have their cash taxed if it goes through the plan cause panic over the weekend with people emptying a.t.m. machines fearing their life savings could be plundered correspondent reports on the implications the e.u. finance ministers as the and the international monetary fund had agreed upon a ten billion euro bailout for the country on the condition that this tax a bank deposit tax be imposed now this
with some experts saying if the tax is brought in may have to rethink its help for ailing europe. the u.s. military maintains there is no mass hunger strike at guantanamo bay more than one hundred detainees are reportedly starving themselves in protest at mistreatment. what washington and its allies have left behind in iraq because more deadly bombings strike the nation ahead of the ten year anniversary of the u.s. led invasion of top stories. international news and comment from our studio in....
116
116
Mar 19, 2013
03/13
by
COM
tv
eye 116
favorite 0
quote 0
and california's raised his taxes 3%. so mickelback is considering moving out of california or even retiring altogether. i warned you that these tax hikes would cause our best and brightest to take their talents elsewhere. do you know what happens if phil mickelson isn't here to win those millions of dollars? someone else will! [laughter] is that suddenly okay?! [cheers and applause] luckily for guys like phil and me, there may soon be a new community where high earners are safe. and it's in the last place you'd think: detroit. sure, we all know the motor city has seen better days. like say, during the ice age. [laughter] but it's not all bad. take belle isle, a thousand-acre island and public park that many consider the jewel of detroit. it's no surprise, "belle" means "beautiful," and "isle" means "not connected to detroit." [laughter] [laughter] and now -- [laughter] [cheers and applause] and now, it's about to get better, thanks to libertarian real estate developer and doubly-named porn star rod lockwood who plans to
and california's raised his taxes 3%. so mickelback is considering moving out of california or even retiring altogether. i warned you that these tax hikes would cause our best and brightest to take their talents elsewhere. do you know what happens if phil mickelson isn't here to win those millions of dollars? someone else will! [laughter] is that suddenly okay?! [cheers and applause] luckily for guys like phil and me, there may soon be a new community where high earners are safe. and it's in...
SFGTV: San Francisco Government Television
42
42
Mar 21, 2013
03/13
by
SFGTV
tv
eye 42
favorite 0
quote 0
that's significant reductions in the transient occupancy tax, significant reduction in payroll tax. and those reductions are larger than the one-third reduction to overall expenditures partly derivative in large part by the number of sipped katz. greater numbers of syndicates leads to disproportionate increases in the transient occupancy tax as well as payroll taxes paid. ~ the retail taxes have also declined, but back out a third, same as decline in overall expenditures. we have a net decline of about $10 million projected in city revenues. >> so, just -- mr. eagan talked about a 6.1 increase, million dollar increase in hotel tax revenue. it would require a 7% increase in hotel tax over a three-month period. what is your response to that, which is a significant increase over a three-month period. do we expect during this time that's what we'll have for the america's cup event? >> my expectation for rev par is that it would see a significant bump. having in addition between 5 and 25,000 people in the city on a given day could lead to a vastly significant bump than we saw during the
that's significant reductions in the transient occupancy tax, significant reduction in payroll tax. and those reductions are larger than the one-third reduction to overall expenditures partly derivative in large part by the number of sipped katz. greater numbers of syndicates leads to disproportionate increases in the transient occupancy tax as well as payroll taxes paid. ~ the retail taxes have also declined, but back out a third, same as decline in overall expenditures. we have a net decline...
134
134
Mar 18, 2013
03/13
by
CNBC
tv
eye 134
favorite 0
quote 0
you're going to tax foreigners instead of taxing your own people. that's one of the rationales for doing this. >> you don't go into that cycle of more austerity and the worst economy, more austerity and worse economy. >> right. >> you can see why they've done it. >> you can. i think the real is why would you go below the insurance threshold? it's such a killer of confidence. why would you risk that and i am told by numerous sources and it's because the president of cyprus didn't want to go above 9.9% originally the same way the dollar store doesn't want to price over 99 cents and he didn't want to tell the foreign depositors that he would take 16% of their money. >> in essence they're taxing the poor in order to keep the offshore on moo. >> to keep their business intact. >> great reporting. we'll come back to you in the show. >> let us bring in charlie and director of research with ariel investments as well as gary thayer, chief macro strategist with wells fargo advisers. gary, first to you. does this change your overall view on the u.s. stock marke
you're going to tax foreigners instead of taxing your own people. that's one of the rationales for doing this. >> you don't go into that cycle of more austerity and the worst economy, more austerity and worse economy. >> right. >> you can see why they've done it. >> you can. i think the real is why would you go below the insurance threshold? it's such a killer of confidence. why would you risk that and i am told by numerous sources and it's because the president of...
18
18
tv
eye 18
favorite 0
quote 0
and that's why they go anywhere not just to panama and a big difference in tax evasion tax avoidance isn't there what are they doing invent you know these huge investors they are nowadays doing a mix of investments and part of it is highly speculated part of it is in real value economy like car companies graphic risk for example and a part of it is of course in techs havens that's usual with them that's their usual business and they do it because they have no mother country to themselves so to say how in the big names here involved allegedly porsche volkswagen as well as germany's richest woman or phantom shell companies in panama i mean nothing wrong with it depends how you interpret it i guess whether it becomes tax avoidance tax evasion but what can you do to stop these loopholes. it is very clear there is no into a master of very little or too little international cooperation on this and of course you know if you have families who would not notice that they lost their one five fifteen million new euros necessary for one of the big german parties for the whole federal election cam
and that's why they go anywhere not just to panama and a big difference in tax evasion tax avoidance isn't there what are they doing invent you know these huge investors they are nowadays doing a mix of investments and part of it is highly speculated part of it is in real value economy like car companies graphic risk for example and a part of it is of course in techs havens that's usual with them that's their usual business and they do it because they have no mother country to themselves so to...
154
154
Mar 18, 2013
03/13
by
CNBC
tv
eye 154
favorite 0
quote 0
those above the threshold pay 9.9% tax. the total revenue raised is expected to hold just shy of 6 billion euros. the rescue package is slated to begin today around 1500 cet. in the meantime, we're getting comment out of russia. seen as perhaps the targeted party here, i should say, with regard to some of the deposit taxes that are being pushed through on cipriot banks. for example, putin via spokesman has apparently called the levy, if approved, unfair, unprofessional and dangerous. european markets are in the red across the board as we've seen today. the ftse 100 down almost 1% and the xetra dax better than 1%. the ibex 35 is down 2%, roughly the same amount for the ftse mib. we can tell you that spanish and italian bonds have risen both on banks and for some of the periphery, showing pressure, as well. here is a look at some european banks. a mix there. on the left, you can see spain. banco santander down almost 4% some some cases. unicredit down almost 5%. moving to the french banks, credit agricole and bnp are showing
those above the threshold pay 9.9% tax. the total revenue raised is expected to hold just shy of 6 billion euros. the rescue package is slated to begin today around 1500 cet. in the meantime, we're getting comment out of russia. seen as perhaps the targeted party here, i should say, with regard to some of the deposit taxes that are being pushed through on cipriot banks. for example, putin via spokesman has apparently called the levy, if approved, unfair, unprofessional and dangerous. european...
94
94
Mar 25, 2013
03/13
by
CNBC
tv
eye 94
favorite 0
quote 0
they're paying payroll taxes already? >> of course they should pay their fair share of taxes. are they benefitting from things going on in our society? i think we do them a tremendous disservice when we say, there, there, little thing. we're going to take care of you. you can't do anything. >> it was ronald reagan and jack kemp who supported the idea of the earned income tax credit so people who were poor wouldn't have to pay their money to the tax man so they could use their wealth and use their resources to build their income and become part of the middle class. are you saying you don't support that concept? >> i think you make the system much more complex when you start exempting this group and that group. the fact of the matter is, if we have a fair taxation system, the economy is going to explode. you're going to have plenty of money. if you want to do something for those people in terms of money that you want to give to them or some program you want to make available to them, i'm all for that. but once we start tinkering with the system and saying, let's change it here a
they're paying payroll taxes already? >> of course they should pay their fair share of taxes. are they benefitting from things going on in our society? i think we do them a tremendous disservice when we say, there, there, little thing. we're going to take care of you. you can't do anything. >> it was ronald reagan and jack kemp who supported the idea of the earned income tax credit so people who were poor wouldn't have to pay their money to the tax man so they could use their wealth...
82
82
Mar 22, 2013
03/13
by
CSPAN
tv
eye 82
favorite 0
quote 0
want it all of the taxes, they just audit some of the taxes. that enables the system to function. considering that 98% of the client approved in the end, we should be simply taking all the new claims, approving them to a minimum level, auditing a small subset, and giving them a final resolution within five years. the medical system, of bluecross blueshield, processes 30 million medical claims a year. they'd do 9% them within 30 days, and we should be able to do the same thing. 99% of them within 30 days. those are some of my suggestions. the gentleman in the yellow tie. >> i am a vietnam veteran who is getting care at the local va. one of the biggest hazard sometimes it is the claims person who determines what kind of claim you get. orangeerefore agent related. i had a stroke, and they did not decrease my allotment, but getting back to what you have now, it is like you have in the regular committee. they did not increase my allotment. it is like you have in the regular community. the vietnam veteran, and now the iraq-afghanistan veterans. the v
want it all of the taxes, they just audit some of the taxes. that enables the system to function. considering that 98% of the client approved in the end, we should be simply taking all the new claims, approving them to a minimum level, auditing a small subset, and giving them a final resolution within five years. the medical system, of bluecross blueshield, processes 30 million medical claims a year. they'd do 9% them within 30 days, and we should be able to do the same thing. 99% of them...
203
203
Mar 22, 2013
03/13
by
FOXNEWSW
tv
eye 203
favorite 0
quote 1
. >> other taxes are in place, including a $100 billion tax on insurance premiums. that will cause the average person $100 a year. part of the financing for what the president sees as his signature policy achievement. >> after a historic vote, healthcare reform is not an unmet promise. law of the land. >> some of those who know the business next are skeptical. >> a great misconception about the obamacare is just because you have health insurance you will get adequate healthcare. nothing could be further from the truth. >> obamacare will pay less to providers and increase number of insured by 30 million. >> patients don't get the services rendered because the tok torsent to provide them at the below market cost. >> obamacare expand the demand for care. it doesn't do anything about supply. >> they agree on one thing, the success is whether the young and healthy people sign up for insurance in large numbers. >> the government has to enroll people to make sure they have coverage. >> older people with higher healthcare cost are paying 5 to 7 times what a 20-year-old is p
. >> other taxes are in place, including a $100 billion tax on insurance premiums. that will cause the average person $100 a year. part of the financing for what the president sees as his signature policy achievement. >> after a historic vote, healthcare reform is not an unmet promise. law of the land. >> some of those who know the business next are skeptical. >> a great misconception about the obamacare is just because you have health insurance you will get adequate...
120
120
Mar 20, 2013
03/13
by
KQED
tv
eye 120
favorite 0
quote 0
the tax rate if you go up to more than 100,000 you're opens and tax rates according to the imf calculations 15.7%. remember it's not just russians, it's also businesses in cyprus. they have to make payroll, how are they going to do that if you suddenly impose this levee on them. the only parallels, the ready parallels are extreme circumstances in places like argentina for example when they froze accountants, when they broke the tag against the dollar in the 2000s. >> rose: how is the overall condition in europe, how would you describe it. >> at the moment in europe at the micro economic level we have a two-tiered europe. germany is doing very well and everybody else is struggling along. now things are much better than they used to be when the bond deals of spain and italy were much higher than they are now. because the markets are relatively relax. they trust the european central bank to do as they put it whatever it takes to save the euro. now the risk or the collapse of the euro has receded. that doesn't mean europe isn't in good condition. we are looking at two or more years of recession
the tax rate if you go up to more than 100,000 you're opens and tax rates according to the imf calculations 15.7%. remember it's not just russians, it's also businesses in cyprus. they have to make payroll, how are they going to do that if you suddenly impose this levee on them. the only parallels, the ready parallels are extreme circumstances in places like argentina for example when they froze accountants, when they broke the tag against the dollar in the 2000s. >> rose: how is the...
15
15
tv
eye 15
favorite 0
quote 0
back tax and there we've seen protests on the streets of people angry really at the e.u. at the troika and specifically a germany they feel of the country has been cornered into a position where they really have no choice but to take a very hard decision now here's what some of the cypriots feel right now towards europe i believe. is not still going to do so everybody says we're going to start going over there we're going to. look for this stuff. and this should be a sure thing and they didn't see the usual news you know just for economy grease on women resume bizarre view of the drug money wants to send the russians out of sight for this. well the mood here in nicosia cyprus remains rather negative it seems that the people feel that there was one bad news after another the latest being that the european central bank will only continue to provide liquidity to the country until monday and after that it will only continue to do so if there is an e.u. i.m.f. program in place. this means that there really is a cash problem on the ground cypriots going out to early in the morn
back tax and there we've seen protests on the streets of people angry really at the e.u. at the troika and specifically a germany they feel of the country has been cornered into a position where they really have no choice but to take a very hard decision now here's what some of the cypriots feel right now towards europe i believe. is not still going to do so everybody says we're going to start going over there we're going to. look for this stuff. and this should be a sure thing and they didn't...
130
130
Mar 22, 2013
03/13
by
MSNBCW
tv
eye 130
favorite 0
quote 0
>> not tax reform. >> not tax increase. >> tax reform. the big problem for republicans heading into this debt limit fight are the house conservatives. they feel like they've given a rot on the fiscal cliff. are they really going to battle boehner. >> i want to fit this in. because joe biden, i thought was el kwents and interesting. this was with mayor bloomberg. let's play that clip. >> for all those who say that we shouldn't and can't ban assault weapons. for all those who say the politics is too hard, how can they say that? for all those who say we shouldn't or couldn't ban high capacity magazines, i just ask them one question. think about newtown. think about newtown. >> that's a stirring sort of message there from joe biden. the question i have, it doesn't seem like it's going to work and not just because of republican opposition, it's because there are democrats who are up in 2014 in tough states that don't want to vote on the assault weapons ban. >> it was so interesting to hear him go there about the assault weapons ban because tha
>> not tax reform. >> not tax increase. >> tax reform. the big problem for republicans heading into this debt limit fight are the house conservatives. they feel like they've given a rot on the fiscal cliff. are they really going to battle boehner. >> i want to fit this in. because joe biden, i thought was el kwents and interesting. this was with mayor bloomberg. let's play that clip. >> for all those who say that we shouldn't and can't ban assault weapons. for all...
94
94
Mar 21, 2013
03/13
by
FOXNEWSW
tv
eye 94
favorite 0
quote 0
raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillion in new taxes over ten years, a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten
raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the...
76
76
Mar 19, 2013
03/13
by
CSPAN
tv
eye 76
favorite 0
quote 0
tax rates for corp. -- tax breaks for corporate jets, tax subsidies for big oil companies that are making record profits. tax incentives for american companies to ship our jobs overseas. the c.b.c. budget will close these wasteful corporate loopholes. third, we look for savings by cutting waste, fraud, and abuse. and we take this approach because of the sensitive nature of our fragile economic recovery. you can't just cut the budget with a meat cleaver without hurting the american people. and lastly, the c.b.c. balanced approach stands up for important programs like social security, medicare, and medicaid that have nothing to do with the economic mess that we find ourselveses in right now. now we don't have a short-term deficit crisis in america. that's what the independent objective economists have concluded. the speaker of the house of representatives has acknowledged we don't have a short-term deficit crisis. the chairman of the budget committee just yesterday acknowledged that we don't have a short-term deficit crisis. we've gained six million jobs over the last four-plus years but we
tax rates for corp. -- tax breaks for corporate jets, tax subsidies for big oil companies that are making record profits. tax incentives for american companies to ship our jobs overseas. the c.b.c. budget will close these wasteful corporate loopholes. third, we look for savings by cutting waste, fraud, and abuse. and we take this approach because of the sensitive nature of our fragile economic recovery. you can't just cut the budget with a meat cleaver without hurting the american people. and...
90
90
Mar 22, 2013
03/13
by
CNBC
tv
eye 90
favorite 0
quote 0
are we about to see a national internet tax, a tax on everything you buy online? it is on the hill today, and you need to see this report before your next click. and no more carrots. remember those thing. american tourist. you couldn't fit that in a carry-on if you tried. a major carrier experimenting with no more carry-s on. leave the luggage behind. you goat sit down first. it's a big change in the way america waits in line and flies away. sue is off today. simon is at the new york stock exchange. simon? >> and tyler, i'm slightly concerned for your european whack a mole you seem to have a very brutal hammer. let's move on and check where we are with the markets. after so many golden weeks of gains, it's been a little bit rough, but about 90 minutes ago we went positive. the dow went positive for the week. we were up over 90 points just shy of that, as you can see. let's have a look at where we are on the s&p right now. 1555 as we head into the weekend. we'll check on golds and brented a we work our way through the program. let's see what the mood of bob pisani
are we about to see a national internet tax, a tax on everything you buy online? it is on the hill today, and you need to see this report before your next click. and no more carrots. remember those thing. american tourist. you couldn't fit that in a carry-on if you tried. a major carrier experimenting with no more carry-s on. leave the luggage behind. you goat sit down first. it's a big change in the way america waits in line and flies away. sue is off today. simon is at the new york stock...
204
204
Mar 18, 2013
03/13
by
FOXNEWSW
tv
eye 204
favorite 0
quote 1
endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't incollusive. we were behind in both data and digital. our primary and debate process needed improvement. >> young voters are increasingly rolling their eyes at what the party represents. >> and many minorities think that republicans don't like them. or don't want them in our country. >> if hispanics think we don't want them, here they will close their ears for policies. >> bret: besides all that, everything is fine in the g.o.p. today, a report out from the head of the g.o.p., the chairman. reince priebus, who said focus group called the party narrow
endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't...
SFGTV2: San Francisco Government Television
43
43
Mar 19, 2013
03/13
by
SFGTV2
tv
eye 43
favorite 0
quote 0
we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no application fee. if you are interested in an application or information, i have brochures, or you can give us a call. >> thank you. next is marked with wells fargo. >> hello, i work for wells fargo bank. i cover the northern california region. i usually focus on about $350 -- $350,000 of sbe loans. last year, for 2010, i did 43 loans. so we are lending. i usually focus on six different types of loans. start-ups, business acquisitions, real estate purchases with ti's, working capital, a partner buyouts, business expansion. when i am loo
we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no...
80
80
Mar 22, 2013
03/13
by
FOXNEWSW
tv
eye 80
favorite 0
quote 0
for instance, taxes, speaker boehner says no more tax increase after the 600 billion tax increase the president at the end of the year got. he said absolutely no. are the republicans going to have to give on the taxes? >> well, i think it depends on what happens. i personally don't believe that we are undertaxed. i mean, you look at this economy right now, between regulation and taxes, this economy is a mess. and you compare this economy to exactly the same cycle of reagan's presidency getting 5, 6, 7, 8% growth a quarter. i mean-- >> so are you saying that the republicans, that should be a line in the sand for republicans, no tax increase. >> i think they should be more aggressively future oriented. what do we need to do to fix the regulations and the health system. obamacare, government-run bureaucratic health is going to collapse. every time you turn around, someone in this country, amazing, one program in the department of health and human services they think that 65% of the money loaning will be gone, never repaid. this is like solyndra on steroids except in the health field. eve
for instance, taxes, speaker boehner says no more tax increase after the 600 billion tax increase the president at the end of the year got. he said absolutely no. are the republicans going to have to give on the taxes? >> well, i think it depends on what happens. i personally don't believe that we are undertaxed. i mean, you look at this economy right now, between regulation and taxes, this economy is a mess. and you compare this economy to exactly the same cycle of reagan's presidency...